Deputy Prime Minister and Minister of Public Works the Hon. Desmond Bannister says the government has not made a decision yet on how much it will increase the fees at the Water and Sewerage Corporation.
This comes after Minister of State for Finance, Senator the Hon. Kwasi Thompson indicated last month that fees will be increased at the corporation in an effort to make it more self-sufficient.
Minister Bannister says that cabinet will direct them in a decision once enough information is gathered from ongoing studies.
“The studies are with the accounting firms that are doing the studies and as soon as advice is offered; cabinet will make determinations as to where we go.
“Right now, there are no determinations because we have to have all of the data before us, before we make decisions that impact the Bahamian people” he said.
Minister Bannister also responded to concerns over when customers can expect an increase.
“I wish I could tell these international accounting firms how long to do their studies but they’re doing it thoroughly, in a thorough manner because they realize the implications.
“And as soon as they come back to us, we will be able to come back to you and tell you in a very frank manner” he said.
